Main Street sees Q4 NII $1.06-$1.08

Sees net asset value share as of December 31, 2023 $29.17-$29.23, representing an increase of 84c-90c per share, or 3.0%-3.2%, from the NAV per share of $28.33 as of September 30, 2023, with this increase after the impact of the supplemental dividend paid in December 2023 of 27.5c per share. The estimated increase in NAV per share is primarily due to the net fair value increase on the investment portfolio resulting from the net unrealized appreciation and the net realized losses on portfolio investments, including an increase in the fair value of the wholly-owned asset manager, the accretive impact of equity issuances during the quarter, the estimated record NII, which exceeded the regular monthly dividends of 70.5c per share and supplemental dividend of 27.5c per share paid in the Q4, and a net tax benefit for the quarter. In commenting on the Company’s operating results for the Q4, Dwayne L. Hyzak, Main Street’s CEO, stated, “We are extremely pleased with our performance in the Q4, which closed another record year for Main Street across several key financial metrics. Our Q4 performance resulted in net investment income per share and distributable net investment income per share at levels near or above our quarterly records, a new record for net asset value per share for the sixth consecutive quarter and an estimated return on equity of over 22% for the Q4. Our strong performance in the Q4 continued our positive performance in the first three quarters of 2023 and resulted in new annual records for net investment income per share and distributable net investment income per share and a return on equity of approximately 19% for the year. These results demonstrate the continued and sustainable strength of our overall platform, the benefits of our differentiated and diversified investment strategies, the unique contributions of our asset management business and the continued underlying strength and quality of our portfolio companies. We are further pleased to be able to generate these returns while intentionally maintaining a very conservative capital structure and liquidity position during 2023.”